Tata Motors544569Automobile manufacturing
Deck cleared for Tata Motors to acquire Italian truck maker Iveco after its open offer got subscribed more than the required 80%
By ScoutQuest · · 1 min read
- Deal size
- $4.5 billion
- Open offer subscription
- more than 80 percent
Heard on business television between 16:03:06 - 16:06:06 IST.
- Open offer to Iveco shareholders was subscribed more than the required 80%.
- The $4.5 billion acquisition clears the way for Tata Motors to take over Iveco.
- This is called the largest acquisition for Tata Motors since the 2008 Jaguar Land Rover deal.
Watch at source
behind live
- 1Open on YouTube
- 2Drag the seek bar left
- 3Watch this moment
Also from Tata Motors
Analyst positive on Tata Motors CV in medium to long term, with target of 500 plus, but cautious short term
28 Oct 2026
Tata Motors Ltd press release
27 Oct 2026
Q2 FY27 call: 42% volume growth, steady margins, IVECO offer at EUR14.40 a share
27 Oct 2026
Source: Live TV News Channel · 27 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.